EV tariffs will damage Germany, China, says Chinese commerce minister
European Union's imposition of tariffs on electric vehicles (EV) will «seriously interfere» with trade and investment cooperation and hurt both China and Germany.
In talks on Tuesday with German Vice Chancellor and Economic Minister Robert Habeck, Wang Wentao said he hoped to reach a solution in line with World Trade Organisation rules as soon as possible, and avoid the escalation of China-EU economic and trade frictions, according to a statement released by China's Ministry of Commerce early on Wednesday.
The European Commission is on the verge of proposing final tariffs of up to 35.3% on EVs built in China, on top of the EU's standard 10% car import duty.
Wang is visiting Europe for talks on the EU's anti-subsidy case against Chinese-made EVs ahead of a vote on more tariffs.
Wang said it is hoped that Germany will proceed from its own interests and push the European Commission and China to work in the same direction.
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